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Add Bio-diesel made from Food in Oil-rich UAE

Genia Derham 2025-01-12 07:48:05 +00:00
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<br>[Bio-diesel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) made from food in [oil-rich](https://stocktwits.com/symbol/MNEL) UAE<br>
<br>This video can not be played<br>
<br>To play this video you need to allow [JavaScript](https://www.zoominfo.com/c/mission-newenergy/346542889) in your [web browser](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html).<br>
<br>[Bio-diesel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) made from food in [oil-rich](https://www.pinterest.com.au/missionnewenergy/) UAEClose<br>
<br>The [Middle East](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) is an area where car is king and fuel is low-cost, typically leaving little [incentive](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) to [discover](https://pitchbook.com/profiles/company/51278-86) more [environmentally-friendly](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) ways of moving around.<br>
<br>But this year, as [demonstrations](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) throughout the [Middle East](https://forest500.org/rankings/companies/mission-newenergy-limited) have risen the cost of oil, the concern of [discovering alternative](https://www.crunchbase.com/organization/mission-newenergy) [sources](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) of fuel has actually entered into sharp focus.<br>
<br>In an area that has one of the highest carbon footprints on the planet, one [company](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) is taking advantage of the [growing pressure](https://www.businessnews.com.au/Company/Mission-NewEnergy) to [discover alternatives](https://stocktwits.com/symbol/MNEL) to oil. It's set up the Middle East's first scheme to recycle cooking oil into [biodiesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/). It's showing too, already their [client-list](https://stocktwits.com/symbol/MNEL) contains McDonald's.<br>
<br>Philip Hampsheir reports from Dubai.<br>
<br>[Special](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) report: The [Technology](https://pitchbook.com/profiles/company/51278-86) of Business<br>
<br>Subsection<br>
<br>Business<br>
<br>23 August 2011<br>
<br>Read description<br>